When will be the PPC curve be a straight line?

Q: A switch to online delivery, increases access to education in the nation's colledges and…

A: The PPF (Production possibility frontier) indicates a probable mixture of two commodities produced…

Q: What would it take for a point beyond the PPF to ultimately become attainable? Name an important…

A: When resources are limited, the production possibility frontier is a graph that depicts the various…

Q: factor which cause PPF curve shift to the right

A: Change in the availability of resources results in the shift of PPC.

Q: Hubert and Kate are farmers, each one owns a 12 acre plot of land. The following table shows the…

A: "Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Why does this PPF have a bowed-out shape? How can the economy increase its production of both tea…

A: We need to draw the PPF curve using the above combinations and tell us about its shape.

Q: What is allocative efficiency and how does it relate to the PPC

A: Production Possibility Curve or PPC represents all the combinations of two goods which can be…

Q: A point which lies under the PPF curve represents what kind of combination of goods?

A: #We know that the production possibility curve contains all the bundles or combination of goods…

Q: What fundamental concept is behind the PPF model?

A: Production Possibility Frontier (PPF): The Production Possibilities Frontier (PPF) shows all the…

Q: What two things must change or be improved to move a PPC out?

A: The production possibilities curve or PPC is a diagrammatic representation of the combination of two…

Q: Due to the pandemic, as economic activity for most countries decreases, what will be the impact on…

A: STEP:1 The production possibility frontier (PPF) shows the amount of two goods that can be produced…

Q: What is ppc?

A: PPC stands for production possibility curve.

Q: What is PPP, and why is it useful?

A: PPP refers to purchasing power parity.

Q: Between a straight line PPF and concave PPF, which one is more realistic? Why? Explain with example…

A: A production possibility frontier (PPF) shows the maximum output combinations of two goods an…

Q: Consider an economy which uses all its resources to produce national security and consumer goods.…

A: Answer: Introduction: PPF (production possibility frontier): It refers to the curve that shows all…

Q: You must: -Name your curves Give a title to your Graph Name and plot the equilibrium point (E1) Name…

A: The EP1 is the price when the amount of pizza that consumers want to purchase is equal to the amount…

Q: The following graph shows the same PPF for Denali as before, as well as its initial consumption at…

A: Opportunity cost is the cost of producing one good in terms of other. Opportunity cost shows the…

Q: What is ppc? (bRIEFLY)

A: The PPF can be used by businesses to determine which products to produce or to understand how…

Q: Construct a PPC curve

A: Answer to the question is as follows :

Q: 11. 111. State the points which represent: Scarcity (8.75M) Choices (8.75M) Inefficiency (8.75M)…

A: It is impossible to produce output outside of the production potential curve since doing so would…

Q: ing inefficiently? the available resources and technology? resources and technol OE and F C and D A…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first three subpart for you.…

Q: What does efficiency mean according to the PPF model?

A: PPF Curve: It is a  curve that shows all possible combinations of two goods that an economy produces…

Q: Under What circumstances the PPF would shift outward?

A: In economics, PPF stands for production possibility curve that provide information about the…

Q: Question 3 - Part 2 Explain how each of the following situations would affect a nation's production…

A: The PPF curve shows the combinations of goods that a nation can be produced using all of its…

Q: Use the following Production Possibilities Graph to explain the concepts of scarcity, choice, and…

A: The Production Possibilities Frontier (PPF) graph illustrates these concepts. The PPF shows the…

Q: Give only typing answer with explanation and conclusion PPC is concave to the point of origin…

A: Manufacturing and marketing choices in economics include determining the optimal quantity of output…

Q: In 50 words, tell the reason why PPF do not bow inward.

A: Introduction:- The manufacturing process is the procedure used to convert intermediate components…

Q: why is it not realistic for a PPF curve to be straight?

A: PPF or Production Possibility Frontier is a locus of all the combinations of two goods that an…

Q: The PPF curve shows a curved negative relationship between two goods this means that an increase in…

A: A production possibility frontier (PPF) shows the combination of two goods that a nation can produce…

Q: Q1. What is the difference between Straight line PPF and bowed outward PPF

A: A straight line ppf is a ppf where the opportunity cost is constant.  Slooe of a opf curve shows the…

Q: A global pandemic results in 6 million confirmed cases and the death of over 400,000 individuals.…

A: An important question of economics is the question of choice of how to use limited resources between…

Q: Suppose an economy uses two resouces (labor and capital) to produce two goods (wheat and cloth).…

A: We know, that their is a scarcity of resources in the economy. Thus, it is important to use all the…

Q: Between a straight line PPF and a concave PPF, which one is more realistic? Why? Defend your answer.

A: Production possibility curve: The production possibility curve is the curve that exhibits the full…